Investing.com - LG Display (NYSE:LPL) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
LG Display announced earnings per share of 0.5008 on revenue of 6.17B. Analysts polled by Investing.com anticipated EPS of 0.4499 on revenue of 6.5B.
LG Display shares are up 20.31% from the beginning of the year, still down 36.50% from its 52 week high of 12.30 set on April 27. They are outperforming the EUR/USD which is down 0% from the start of the year.
LG Display follows other major Technology sector earnings this month
LG Display's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of 27.99 on revenue of 65.12B, compared to forecasts EPS of 23.84 on revenue of 63.47B.
Facebook had beat expectations on Monday with third quarter EPS of 3.22 on revenue of 29.01B, compared to forecast for EPS of 3.19 on revenue of 29.58B.
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